Leading Cardiac Remote Monitoring Company Acquires Technology Ip To Boost Its Robust Product Portfolio
Sep 06, 2022•almost 3 years ago
Acquiring Company
Cardiac Remote Monitoring
Acquired Company
Technology IP
Description
PrepMD RMS, the premier cardiac clinical solutions company, announced today the acquisition of the intellectual property and technology assets of LindaCare, a digital health company specializing in remote monitoring.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed